Donald Trump

Bitcoin

TRON

<p>The crypto market has witnessed a remarkable event recently, as TRON (TRX) reached a new all-time high, doubling its price in just a few hours. This spectacular rise propelled TRX to a record price of $0.44, marking an increase of 85% in a single day.</p>
<h2 id="h-crypto-trx-reaches-a-new-all-time-high">Crypto – TRX reaches a new all-time high!</h2>
<p>TRON (TRX) recently reached a new all-time high of $0.44, doubling its price in a few hours. This spectacular surge, marked by an 85% increase in one day, reflects the growing interest of crypto investors in TRX, which has <a href="https://www.cointribune.com/en/tron-dethrones-bitcoin-and-ether-in-terms-of-quarterly-revenue/" target="_blank" rel="noopener noreferrer nofollow">usurped Bitcoin in terms of quarterly revenue</a> some time ago. This impressive rise is attributed to several key factors.</p>
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<p>First of all, the growing institutional interest in TRON has played a crucial role. Major investors have begun to see the potential of TRX, leading to a significant increase in demand for the token. Additionally, the heightened activity on the TRON network has also contributed to this skyrocketing rise. Crypto transactions on the network have reached unprecedented levels, reflecting a growing adoption of TRON technology.</p>
<p>As Ryan Lee, chief analyst at Bitget, believes:</p>
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 <p>This increase is largely due to the heightened interest of crypto investors, who are abandoning Bitcoin in favor of more established altcoins like TRON. The growth of the DeFi network and its role in stablecoin transactions, particularly in USDT, have strengthened its position in the market.</p>
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<div class="affiliate-button"><a class="affiliate-button__link" href="https://www.bitget.com/referral/register?from=referral&amp;clacCode=Y6GU6UFX" target="_blank" rel="noopener noreferrer nofollow">Your 1st cryptos with Bitget</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
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<p>Another determining factor has been <a href="https://www.cointribune.com/qui-est-justin-sun-2/" target="_blank" rel="noopener noreferrer nofollow">Justin Sun</a>, the founder of TRON, who recently joined World Liberty Financial (WLFI), a DeFi project backed by Donald Trump and his sons, as an advisor. This association has bolstered TRX’s credibility and attracted the attention of crypto investors.</p>
<h2 id="h-future-outlook">Future Outlook</h2>
<p>Projections indicate a rise of TRON (TRX) to $0.70, followed by a correction to $0.50 before a potential rebound to $1. However, with a monthly RSI exceeding 91, a cooling-off period seems imminent. Currently, <a href="https://fr.tradingview.com/symbols/TRXUSD/" target="_blank" rel="noopener noreferrer nofollow">TRX</a> has returned to $0.39 with a decrease of 9.5% in the last 24 hours.</p> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:TRXUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:TRXUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
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 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/TRXUSD/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">TRXUSD chart</span></a> by TradingView
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<p>In summary, the recent all-time high of <a href="https://www.cointribune.com/notre-avis-sur-tron-faut-il-investir-en-2024/" target="_blank" rel="noopener noreferrer nofollow">TRON</a> (TRX) is the result of a combination of factors, ranging from increased institutional interest to Justin Sun’s strategic involvement in DeFi projects. This exceptional performance of TRX could well mark the beginning of a new era for TRX and altcoins in general, as investors continue to seek opportunities in this crypto market.</p>

TRON (TRX) Reaches An All-time High Of $0.44 After A 85% Increase

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